Relevant Symmetrical Triangle. Key price movements ahead.

4 juin 2021

The way I see it, the near sideways/dead stop movement of price action indicates heavy buying and selling on a Micro level. It's a type of tactic that both lowers/raises the RSI to oversold/overbought levels in time for certain timeframes to begin looking healthier/unhealthy on an indicator point of view. Of course that is just my reasoning and how I assess any and all price action. Just something to keep in mind.

So far we are near a major movement once this symmetrical triangle breaks. Keep this in mind.

And remember, in crypto, the time to be the most bullish is when you are the most bored of an asset.

4 juin 2021

Note

Notice how relevant this channel actually is that Shib is currently retesting.